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Question : How did the adoption of capitalism affect employment patterns in post-communist regimes?

Option 1: It led to full employment.

Option 2: It caused widespread unemployment initially.

Option 3: It had no significant impact on employment.

Option 4: It increased job security for all workers.


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: It caused widespread unemployment initially.


Solution : Correct Option: Option 2
Explanation: The adoption of capitalism in post-communist regimes caused widespread unemployment initially, as the transition from a planned economy to a market economy led to the restructuring of industries and the closure of unprofitable state-owned enterprises.

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